What You Need To Know About SVB, Silvergate & Signature Bank Collapses (In 7 Minutes) | How Money Works

What You Need To Know About SVB, Silvergate & Signature Bank Collapses (In 7 Minutes) Sign up for my newsletter https://compoundeddaily.com 👈 Last week America had it’s second largest bank collapse ever, here is how that actually happened in seven minutes. Silicon Valley Bank the 16th biggest bank in America has been shut down by regulators and its operations have been seized by the Federal Deposit Insurance Corporation just three days after Silvergate bank another Californian Bank announced it would by winding downs it’s operations and liquidating. SVB was called the investors investor as they had a venture capital and credit arm that would directly invest into funds such as sequoia capital, Ribbit Capital, Spark Capital and Greylock, basically the who’s who of institutional investors in Silicon Valley. Most new businesses fail so traditional banks aren’t going to lend to any company that can’t show consistent profits or put up adequate security. Just like Silvergate saw a gap in the market to serve risky crypto traders Silicon Valley Bank saw a gap to serve new start-ups. ------- Edited By: Andrew Gonzales Patrick Boyle's video at 1:50 https://www.youtube.com/watch?v=kxcwn7xoXhU&t=163s Music Courtesy of: Epidemic Sound Select Footage Courtesy of: Getty Images For sponsorship inquiries, please contact sponsors@worksmedia.group All materials in these videos are for educational purposes only and fall within the guidelines of fair use. No copyright infringement intended. This video does not provide investment or financial advice of any kind. #svb #silvergate #signature Follow to learn How Money Works. Find How Money Works on YouTube: https://www.youtube.com/@HowMoneyWorks Disclaimer: This podcast is an independently produced audio adaptation of content originally created by How Money Works. It was developed by a fan who values the channel’s clear and engaging approach to financial education, with the goal of making that knowledge more accessible in a hands-free, audio format. This is not an official production of How Money Works, and it is not affiliated with or endorsed by the channel. All rights to the original video content remain with How Money Works. For any concerns, inquiries, or content-related requests, please feel free to reach out. - ------------- ------------- Keywords: financial news, debt crisis, money management Learn more about your ad choices. Visit megaphone.fm/adchoices